XCO Remaining Time: 1 hour, 11 minutes, 41 seconds. * Question Completion Status: QUESTION 15 All of Porter Corporation's sales are on account. Sixty percent of the credit sales are collected in the month of sale, 25% in the month following sale and 10% in the second month following sale. The remainder are uncollectible. The following are budgeted sales data for the company January February March April Total sales $400,000 $600.000 $500,000 $700.000 Cash receipts in April are expected to be: A $420,000 OB. $545.000 C. 5605.000 D. $185.000 QUESTION 16 Nelson Corporation, which has only one product has provided the following data concerning its most recent month of operations Click Save and Submit to save and submit. Click Save All Answers to save all answers